How to Make Offers on Houses – Step-by-Step Plan 

 

Research & Preparation 

• Determine your budget and get pre-approval from a lender. 

• Research recent sales in the area to understand market value. 

• Identify key property features and deal-breakers. 

Due Diligence 

• Review the contract of sale and seek legal advice if needed. 

• Arrange building and pest inspections. 

• Clarify any zoning, title, or easement restrictions. 

Making the Offer 

• Decide on an initial offer price based on market research. 

• Consider including conditions (e.g., finance approval 2 weeks from signing date, building inspection, settlement period). 

• Submit the offer formally in writing to the agent. 

Negotiation 

• Be prepared for counter offers and determine your walk-away price. 

• Remain professional and stick to your budget. 

• Adjust terms if needed to strengthen your offer (e.g., flexible settlement). 

• Go for odd amounts to strengthen your position by stating you’re giving it your best – often experienced operators know your even money offers have more to give and look the same as all other offers – STANDOUT BE BOLD. 

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JT Home Loans
20/107 Wells Road
Chelsea Heights VIC 3197

 

PO Box 12040
Carrum VIC 3197

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